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Philippine Bar review · Question

Practice question: Doctrine of Equality of Shares

Essay Hard

Practice question

Distinguish equality of share rights from equal personal quantities of shares. Does the rule require confiscating lawful excess holdings so every holder owns one share?

Legal references

  • Revised Corporation Code, RA 11232, Sections 3 and 6: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html

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